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Weekly Features

Brazil and Australia to drive industry growth

     2nd December 2016 Global iron-ore production growth is set to become stagnant owing to contracting output by high-cost iron-ore producers in China, while output growth in Australia, Brazil and India will remain positive enabled by a pipeline of expansion projects by major miners, notes market researcher BMI... 

Iron-ore consumption dependent on population and economic development

By: Kimberley Smuts     2nd December 2016 The biggest potential for growth in the iron-ore industry lies with countries in the ‘Next 20’, which refers to the 20 growing non-Bric bloc developing economies, including Indonesia, Pakistan, Bangladesh, Mexico, Philippines, and several sub-Saharan African nations, including Nigeria, Ethiopia,... 

Iron-ore consumption dependent on population and economic development
Photo by Anglo American
INDUSTRY REQUIREMENTS REMAIN Lack of infrastructure remains the biggest hindrance to growth in African iron-ore projects

South African iron-ore industry remains weak

By: Kimberley Smuts     2nd December 2016 Stagnating growth in China and low domestic demand continue to pressure the iron-ore mining industry in South Africa, which needs a coordinated approach by government and the private sector to attract investment, states privately-owned consultancy Core Consultants. Political uncertainty and... 

South African iron-ore industry remains weak
LARA SMITH It is not clear if the commodity super cycle will return in the near or medium term, but there are signs of improvement and some acquisition activity

Expos still valuable in a difficult market

By: Robyn Wilkinson     22nd July 2016 Industry expos remain an important platform for forging business connections, showcasing technology and discussing solutions to the challenges currently facing companies in the iron-ore sector, says exhibition organiser Mining & Technical Exhibitions (MTE) operations manager Andrew Macnamara.  

Expos still valuable in a  difficult market
UPBEAT REPORTS Many attendees of the Kathu Mining and Technical Expo reported that they remain positive about the industry’s outlook

Heavy lifts at Kolomela save time, money

     22nd July 2016 Mobile crane hire company Johnson Crane Hire has completed two heavy lifts for mining and bulk handling equipment supplier Tenova Takraf and civil engineer EMC Engineering at the Kolomela iron-ore mine in the Northern Cape, achieving significant cost and time savings for both clients by working... 

Heavy lifts at Kolomela save time, money
HEAVY HOISTS Johnson Crane Hire completed two heavy lifts at the Kolomela iron-ore mine in 11 days

Iron-ore market likely to stay in oversupply

By: Robyn Wilkinson     22nd July 2016 Despite China’s commitment to reducing its crude steel production capacity, the iron-ore market remains oversupplied and this is unlikely to change in the foreseeable future, says engineering consultant Core Consultants CEO Lara Smith. 

Maximum value must be derived from mines, especially in challenging market

By: Robyn Wilkinson     22nd July 2016 State-owned research council for the minerals industry Mintek is investigating the recovery of iron-ore waste material, in the form of fines, in an attempt to help mines extract the maximum possible value from their operations. 

Mining solutions provider expands in CIS countries

By: Robyn Wilkinson     22nd July 2016 Despite globally depressed iron-ore prices, there are still opportunities for the supply of minerals processing solutions in Commonwealth of Independent States (CIS) countries like Russia and China, says mining equipment specialist Osborn Engineered Products export director Martin Botha. 

Mining solutions provider expands in CIS countries
MINING WORLD RUSSIA Johannesburg-based Osborn cemented its presence in Russia by exhibiting at the event this year

New Australian iron-ore project will meet long-term demand

By: Robyn Wilkinson     22nd July 2016 While there is no doubt that the iron-ore industry’s operating conditions have been challenging, Australian iron-ore miner Iron Road believes that the long-term industry fundamentals are sound and that its new Central Eyre Iron Project (CEIP) is well placed to weather near-term cyclical weakness. 

New Australian iron-ore project will meet  long-term demand
Photo by Robert Lang
ANDREW STOCKS Taking action to enhance efficiencies across iron-ore operations is critical

Proven proficiency benefits operations

By: Robyn Wilkinson     22nd July 2016 Globally, low commodities prices are putting pressure on mining companies to ensure that all aspects of their operations are performed at the highest standard possible, including the proficiency of their laboratories, says support services provider to laboratories in the mining sector Qotho... 

Proven proficiency  benefits operations
IMPROVING CREDIBILITY Qotho's iron-ore proficiency testing scheme enables iron-ore laboratories (mine and commercial) to check the quality of their performance against that of competitors and peers

Restructuring a must to sustain price, mine-site costs revealed

By: Robyn Wilkinson     22nd July 2016 Despite the current rally in demand for iron-ore, the current price is not sustainable, as the market still requires restructuring on the supply side to support the higher price, says UK-headquartered online data, analysis and advisory services provider Timetric. Timetric senior analyst Cliff... 

Restructuring a must to sustain price, mine-site costs revealed
LOW STRIP RATIOS KEY South Africa struggles to remain cost competitive because of high iron-ore strip ratios

Significant iron-ore supply-demand imbalance persists

By: Robyn Wilkinson     22nd July 2016 Internationally, the iron-ore industry continues to battle constrained operating conditions, caused by near-static demand and a surplus supply of good-quality iron-ore, negatively impacting on the iron-ore price, says mining consultancy The MSA Group head of geology Dr Brendan Clarke. 

Significant iron-ore supply-demand imbalance persists
MAJOR STRATEGY Rio Tinto and BHP Billiton have countered low iron-ore prices by increasing production volumes at their mines

Company expects increased demand for grate kiln, eyes Africa

By: Bruce Montiea     4th December 2015 Next year might see increased demand for the grate kiln systems, used for iron-ore pelletising, produced by Hong Kong-based machinery and technical services company Mallchine, says company GM Cathy Zhang. She tells Mining Weekly that the company has noticed a climb in the number of visitors to... 

Company expects  increased demand for  grate kiln, eyes Africa
Photo by Bloomberg
IRON-ORE BALLS Pelletising is the most suitable steelmaking process when using iron-ore with a low iron content

Iron-ore miners benefit from mineral analysis tool

     4th December 2015 Iron-ore miners are able to enhance the value of their product in the marketplace and find suitable customers worldwide by using value-in-use (ViU) tools, says Switzerland-headquartered natural-resources-based advisory firm Bryanston Resources. ViU consists of detailed analysis into the chemical... 

Iron-ore miners benefit from mineral analysis tool
SPECIFIC OFFERING Bryanston Resources specialises in performing due diligence on iron-ore assets to various depths

Iron-ore project among the ‘highest quality, lowest cost’ in Africa

By: Bruce Montiea     4th December 2015 Iron-ore developer Core Mining’s Avima iron-ore project, in the Republic of Congo, is the most significant project in the Central Africa region, says company spokesperson Lauren Austin-Harvey. “The project is significant, as high-grade iron-ore is continuous over a 40 km strike, with a... 

Iron-ore project among  the ‘highest quality,  lowest cost’ in Africa
TRANSFERABLE SKILLS Core Mining intends to ensure that the Avima iron-ore project provides jobs and skills training for the local communities

Major producer trying to save costs amid lower iron-ore price

By: Bruce Montiea     4th December 2015 The iron-ore sector is facing challenging times and the declining market is likely to continue having a significant impact on business, says iron ore supplier Kumba Iron Ore corporate communications manager Nikki Wetzlar. “No one has clear visibility on how low the prices will go and when they... 

Major producer trying to save  costs amid lower iron-ore price
COST CUTTING Some of the initiatives that Kumba has implemented to reduce controllable costs include reconfiguring its mines, such as Sishen, to save costs in all operational areas

Mechanisation, automation suggested as solution to surviving bleak iron-ore market

     4th December 2015 With the outlook for iron-ore quite bearish, “some punters are even talking about the unthinkable” – a price below $40/t, after the commodity’s price dropped below $50/t in October, says machine vision solutions company Stone Three Mining Solutions CEO Louis Marais. “Things are tough and the... 

Mechanisation, automation suggested as solution to  surviving bleak iron-ore market
CLOSED DOWN Thabazimbi iron-ore mine had to be closed down in July as a consequence of the tough conditions in the global iron-ore industry

Quick recovery of iron-ore prices unlikely as oversupply continues

     4th December 2015 There is no quick recovery for iron-ore prices in sight in the long run, with the continued oversupply and slow global demand for iron-ore, says credit insurance services company Coface. A global oversupply of iron-ore is one of the reasons that have led to the sharp decline in the iron-ore price... 

Quick recovery of iron-ore prices unlikely as oversupply continues
Photo by Bloomberg
AILING COMMODITY Iron-ore production at some of South Africa’s mines has suffered as a result of factors such as labour instability and weak exchange rates

China continues to drive iron-ore demand

By: Dylan Stewart     24th July 2015 Despite the likely weakening of China’s demand for iron-ore, owing to the continuing decline of its real estate market and overall lower pace of urbanisation, the country’s lower projected 2015 gross domestic product was still expected to increase its mineral-demand base by about $1-trillion,... 

China continues to drive iron-ore demand
Photo by Duane Daws
DION SHANGO Miners across all metals and minerals continued to focus on core operations, reducing costs and improving capital discipline

Company pushing to bring closed lubrication system into iron-ore space

By: Dylan Stewart     24th July 2015 Over the next 18 months oil and lubrication company Shell will target the iron-ore market and introduce its bulk grease customer value proposition (CVP) through the Shell Grease Truck to various iron-ore mines in South Africa, says Shell South Africa technical manager Hentie Spangenberg. 

Company pushing to bring closed lubrication system into iron-ore space
LOADED The Grease Truck carries six containers called rockets with a capacity of 1400 kg of grease per rocket

Expected mine tonnage increases at Guinea project

By: Dylan Stewart     24th July 2015 Aim-listed exploration company Sable Mining Africa in February announced an increase in the total Joint Ore Reserves Committee- (Jorc-) compliant resource for its Nimba iron-ore project, in south-east Guinea, from 181.8-million tonnes to 205.2-million tonnes. 

Investors can consider the next generation of iron-ore, says expert

By: Dylan Stewart     24th July 2015 Once demand starts to improve and the oversupplied market corrects itself, investors may start to think about where the next generation of iron-ore will come from as gaps for future demand begin to emerge, says Sahaj Capital MD Antony Rayment. 

Investors can consider the next generation of iron-ore, says expert
Photo by Bloomberg
WORK TO DO Africa’s competitiveness in terms of iron-ore production is further significantly curtailed by a lack of infrastructure in terms of power generation, rail lines and ports

Iron-ore forward-price strategies help miner manage price tumble

     24th July 2015 Australian iron-ore company Atlas Iron announced this month that forward sales arrangements are providing it with a measure of near-term protection against iron-ore price falls while retaining some exposure to price upside.  

Iron-ore surplus will persist – consultancy

By: Dylan Stewart     24th July 2015 Australian iron-ore miners’ intentions to increase their production, slow demand from India and China, and displaced high-cost miners will continue to contribute to the long-term global surplus of iron-ore, which has halved the price of the commodity over the past two years, says mining... 

Iron-ore surplus will  persist – consultancy
LARA SMITH Some west African countries rely on iron-ore to stimulate their economies

Kumba to relocate VIU facility to Joburg

By: Dylan Stewart     24th July 2015 Mining major Kumba Iron Ore, a business unit of Anglo American, will start moving its value-in-use (VIU) facility, in the west of Pretoria, to the Anglo American technical solutions facility, near Crown Mines, in the south of Johannesburg, by the end of the year, with commissioning at the new... 

Pakistan steel company receives 73 000 t of iron-ore

     24th July 2015 In June two cargo vessels delivered a total of 73 000 t of iron-ore to Pakistan Steel Jetty for State-owned Pakistan Steel Mills (Paksteel). 

Struggling iron-ore, Ebola hurt Sierra Leone

     24th July 2015 A report by professional services business Adam Smith International, released in June, reveals that a struggling iron-ore sector and Ebola-related quarantine restrictions severely damaged Sierra Leone’s economy. 

Crude oil blending and storage facility to break ground in 2015

By: David Oliveira     12th December 2014 South Africa-based black-owned infrastructure and service provider Mining, Oil and Gas Services (Mogs), through its joint venture (JV) with Oiltanking Grindrod Calulo, is in the process of applying to the National Energy Regulator of South Africa (Nersa) for its tariff for its crude oil blending... 

Crude oil blending and storage facility to break ground in 2015
Photo by Bloomberg
BUSINESS OPPORTUNITIES The new storage and blending facility will take advantage of the crude oil being shipped from South America and West Africa

Smelter engineer delivers electrode columns for furnace project

By: David Oliveira     12th December 2014 South African smelter engineering firm Metix has successfully commissioned the electrode columns used in the C and D furnaces at the Glencore Merafe Chrome Venture’s Lion Ferrochrome Phase 2 expansion project, in Steelpoort, Limpopo. Metix technology equipment manager Ivan Holl tells Mining... 

Smelter engineer delivers electrode columns for  furnace project
UPPER ELECTRODE COLUMNS The upper sections of the electrode column, comprising the slipping device, at the Glencore Merafe Chrome Venture’s Lion Ferrochrome Phase 2 expansion project, in Steelpoort, Limpopo were lifted and secured to the supporting beams of the building

A$40m investment secured for Africa iron-ore project

By: David Oliveira     5th December 2014 ASX-listed iron-ore developer Sundance Resources announced in September that it had received A$40-million from Ukrainian-born resource investor Gennadiy Bogolyubov’s investment holding company Wafin, to progress Sundance’s Mbalam-Nabeba iron-ore project, which straddles the borders of Cameroon... 

A$40m investment  secured for Africa  iron-ore project
ANDREW VAN ZYL The Mbalam-Nabeba iron-ore project is unique and something in which very few countries have experience

Approved licence for Sierra Leone mine

     5th December 2014 Australian resources company Cape Lambert Resources announced in October that a large-scale mining licence for the company’s wholly owned Marampa iron-ore project, in Sierra Leone, has been approved. Marampa is a specular hematite project currently at the permitting and development stage, located... 

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